SCHMIDT OCEAN INSTITUTE: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SCHMIDT OCEAN INSTITUTE (EIN 26-4562328)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-15
- IRS object ID
- 202513199349101171
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-15T14:29:10+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 575 Market Street Suite 3300 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941055829 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264562328 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Schmidt Ocean Institute | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHM | BusinessNameControlTxt |
| Phone | 6504618092 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 Bryant Street 374 | AddressLine1Txt |
| City | Palo Alto | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Kelly | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2025-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Diane Kirmaci | PreparerPersonNm |
| PTIN | P01578407 | PTIN |
| Phone | 4155761100 | PhoneNum |
| Preparation | 2025-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $108,526,993 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $315,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,349 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,349 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $5,349 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,717,180 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,717,180 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,717,180 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,356,059 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $30,768,592 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,356,059 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $4,422,396 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $9,393,588 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,078,588 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $6,144,925 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $563,063 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $563,063 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $12,062,616 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $12,385,515 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,185,652 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,181,888 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $82,613 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $60,710 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $594,896 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $593,428 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $534,038 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,340 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $531,691 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $72,384 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $8,484,758 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $122,606 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $183,206 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,393,622 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,379,148 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,201,715 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,155,268 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $36,297,963 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,340 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $35,033,917 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $587,331 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $707,331 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $36,885,294 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,340 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $35,741,248 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$27,491,706 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,073,248 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,144,925 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $446,625 | CashBOYAmt |
| Cash EOY | $633,633 | CashEOYAmt |
| Cash EOYFMV | $633,633 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,567,325 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,426,866 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,426,866 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $2,308,402 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,926,403 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,926,403 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $34,375,950 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,290,954 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,290,954 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $93,888,630 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,957,081 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $72,219,620 | LandBOYAmt |
| Land EOY | $69,931,549 | LandEOYAmt |
| Land EOYFMV | $69,931,549 | LandEOYFMVAmt |
| Other Assets BOY | $406,263 | OtherAssetsBOYAmt |
| Other Assets EOY | $317,588 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $317,588 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $137,324,185 | TotalAssetsBOYAmt |
| Total Assets EOY | $108,526,993 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $108,526,993 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,012,301 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $4,583,027 | AccountsPayableEOYAmt |
| Grants Payable BOY | $241,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $121,000 | GrantsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $399,123 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $324,849 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,652,424 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,028,876 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $131,671,761 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $103,498,117 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $131,671,761 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $103,498,117 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $137,324,185 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $108,526,993 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $131,671,761 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$27,491,706 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $104,180,055 | SubtotalAmt |
| Other Decreases | $681,938 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $103,498,117 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|
| SHORT TERM REALIZED G/L FROM SALE OF PUBLICLY TRADED SECURITIES | P | 2023-07-21 | 2024-02-01 | $15,423,940 | $12,365,484 | $3,058,456 | $0 | $3,058,456 |
| Realized Gain/Loss from currency revaluation | P | $6,439 | -$6,439 | $0 | -$6,439 | |||
| SHORT TERM REALIZED G/L FROM SALE OF PUBLICLY TRADED SECURITIES | P | 2023-07-21 | 2024-01-26 | $7,497,613 | $6,133,673 | $1,363,940 | $0 | $1,363,940 |
| LONG TERM REALIZED G/L FROM SALE OF PUBLICLY TRADED SECURITIES | P | 2023-07-21 | 2024-12-26 | $7,847,040 | $4,906,938 | $2,940,102 | $0 | $2,940,102 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,356,059 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $4,422,396 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $126,118 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $126,118 | SubtotalAmt |
| Tax Based On Investment Income | $126,118 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $88,797 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $40,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $128,797 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,679 | OverpaymentAmt |
| Applied To ES Tax | $2,679 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.SCHMIDTOCEAN.ORG | WebsiteAddressTxt |
| Individual With Books | John Kelly | IndividualWithBooksNm |
| Phone | 6504618092 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1010 Alma Street | AddressLine1Txt |
| City | Menlo Park | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 940253313 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Wendy Schmidt | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | DIRECTOR/PRESIDENT | 2.50 | $0 | $0 | $0 |
| Eric Schmidt | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | DIRECTOR/VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| John Kelly | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | TREASURER/CFO | 28.00 | $0 | $0 | $0 |
| Jyotika Virmani | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | EXECUTIVE DIRECTOR | 40.00 | $522,701 | $40,362 | $0 |
| Frances Babb | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | Secretary | 0.25 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| Eric M King | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | SR DR MARITIME INFRA | 40.00 | $394,083 | $39,699 | $0 |
| Andrew William Boyer | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | DR OF ENGINEERING | 40.00 | $275,802 | $39,872 | $0 |
| Nicolas Rowland De Courcy Bingham | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | PRIN ELECTRICAL ENGR | 40.00 | $280,050 | $27,413 | $0 |
| Corinne J Bassin | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | HEAD OF DATA SOLU. | 40.00 | $236,891 | $42,791 | $0 |
| Jason Williams | ||||||||
| 555 Bryant Street | Palo Alto | CA | 94301 | ENGR SR MANAGER | 40.00 | $242,966 | $29,307 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 76 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line2USAddress/AddressLine2Txt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| Hillspire LLC | ||||||||||
| 1010 Alma Street | Menlo Park | CA | 94025 | Professional Shared Services | $604,219 | |||||
| Triton Technical | ||||||||||
| 530 Industry Dr | Seattle | WA | 98188 | Technical Support Services | $484,727 | |||||
| Velocity Global LLC | ||||||||||
| 3858 Walnut Street | Denver | CO | 80205 | Staffing Services | $268,657 | Suite 107 | ||||
| ADOCEAN SL (EUR) | ||||||||||
| IT Services | $209,924 | Rambla Volart 11 | Barcelona Catalunya | SP | 8041 | |||||
| Future Genius Solutions LLC | ||||||||||
| Three Sixty Eight Creative | Baton Rouge | LA | 70802 | Website Development | $209,487 | 212 S 14th St Ste B | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 17 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Research Vessel operations - Mapping and ROV Operations | Description1Txt |
| Expenses1 | $23,465,435 | Expenses1Amt |
| Description2 | Marine research vessel platform development, robotics engineering, and supporting equipment. | Description2Txt |
| Expenses2 | $6,586,273 | Expenses2Amt |
| Description3 | Scientific Programs Research and Development | Description3Txt |
| Expenses3 | $3,478,615 | Expenses3Amt |
| Description4 | Science Outreach and Communication | Description4Txt |
| Expenses4 | $2,333,293 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,144,643 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $35,260,140 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,176,352 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $54,581,135 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $54,581,135 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $818,717 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,762,418 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,688,121 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $35,741,248 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $395,870 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $36,137,118 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2009-08-31 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,688,121 | CurrentYearAmt |
| Year1 | $2,039,293 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $4,727,414 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,284,903 | CurrentYearAmt |
| Year1 | $1,733,399 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $4,018,302 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $36,137,118 | CurrentYearAmt |
| Year1 | $39,886,527 | Year1Amt |
| Year2 | $40,101,720 | Year2Amt |
| Year3 | $64,612,816 | Year3Amt |
| Total | $180,738,181 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $707,331 | CurrentYearAmt |
| Year1 | $456,059 | Year1Amt |
| Year2 | $1,613,400 | Year2Amt |
| Year3 | $546,000 | Year3Amt |
| Total | $3,322,790 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $35,429,787 | CurrentYearAmt |
| Year1 | $39,430,468 | Year1Amt |
| Year2 | $38,488,320 | Year2Amt |
| Year3 | $64,066,816 | Year3Amt |
| Total | $177,415,391 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,792,081 | CurrentYearAmt |
| Year1 | $1,359,529 | Year1Amt |
| Year2 | $309,947 | Year2Amt |
| Year3 | $719,629 | Year3Amt |
| Total | $4,181,186 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Wendy Schmidt President | ContributingManagerNm |
| Contributing Manager | Eric Schmidt Vice President | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| The Regents of the University of California | ||||||||||
| 2195 Hearst Avenue Room 130F | Berkeley | CA | 947201103 | PC | Seawater measurements to track ocean acidification | $180,000 | ||||
| Marine Technology Society Inc | ||||||||||
| 1100 H Street NW Suite LL-100 | Washington | DC | 20005 | PC | Marine Technology Society Sponsorship - Oceans (Global) Student Poster Competition | $6,000 | ||||
| Smithsonian Institution | ||||||||||
| 1000 JEFFERSON DRIVE SW | Washington | DC | 205600016 | PC | Summit on Ocean Biodiversity reception | $5,000 | ||||
| Nautilus Think Inc | ||||||||||
| 360 W 36th St 7S | New York | NY | 10018 | PC | To produce original content on the UN Ocean Decade and ocean research | $50,000 | ||||
| World Ocean Observatory | ||||||||||
| PO BOX 1 | Sedgwick | ME | 04676 | PC | World Ocean Explorer Exhibits 2024 | $15,000 | ||||
| Envision Excellence in STEM Education | ||||||||||
| 2108 Lamberton Rd | Cleveland Heights | OH | 44118 | PC | National STEM Festival -- student scholarships | $4,000 | ||||
| Marine Technology Society Inc | ||||||||||
| 1100 H Street NW Suite LL-100 | Washington | DC | 20005 | PC | MATE ROV 2024 Competition and Championship | $50,000 | ||||
| Institute of Electrical and Electronic Engineers | ||||||||||
| 3 Park Ave 17th Floor | New York | NY | 100165997 | PC | IEEE AUV Symposium 2024 | $5,000 | ||||
| Institute of Electrical and Electronic Engineers | ||||||||||
| 3 Park Ave 17th Floor | New York | NY | 100165997 | PC | IEEE Marine Imaging Workshop 5 | $5,000 | ||||
| Society for In Vitro Biology Incorporated | ||||||||||
| 672 Old Mill Rd Suite 284 | Millersville | MD | 21108 | PC | SIVB 16th International Conference sponsorship | $3,000 | ||||
| University Corporation for Atmospheric Research | ||||||||||
| 3090 Center Green Drive | Boulder | CO | 803012252 | PC | National Oceans Science Bowl 2024 | $99,831 | ||||
| Gordon Research Conferences | ||||||||||
| 5586 Post Rd G02 | East Greenwich | RI | 02818 | PC | Gordon Research Conference on Ocean Mixing | $5,000 | ||||
| Bigelow Laboratory for Ocean Sciences | ||||||||||
| 60 Bigelow Drive | East Boothbay | ME | 04544 | PC | OceanHackWeek 2024 | $5,000 | ||||
| IOOS Association | ||||||||||
| 1706 Hutchinson Ln | Silver Spring | MD | 20906 | PC | IOOS Committee Meeting Jul 2024 | $500 | ||||
| Fundacion TBA21 | ||||||||||
| PC | UN Ocean Decade confeence | $34,000 | C/Amor de Dios 1 | Madrid | SP | 28014 | ||||
| Marine Technology Society Inc | ||||||||||
| 1100 H Street NW Suite LL-100 | Washington | DC | 20005 | PC | MATE ROV Competition | $100,000 | ||||
| Escuela Rural San Miguel Conimo | ||||||||||
| GOV | To support the ship-to-shore connection with local public school | $5,000 | Conimo Rural | Ancud | CI | 5710392 | ||||
| MONGABAYORG CORPORATION | ||||||||||
| 1259 El Camino Real 150 | Menlo Park | CA | 94025 | PC | Scientific Expeditions series | $35,000 | ||||
| University of South Florida Foundation Inc | ||||||||||
| 4202 E Fowler Ave ALC100 | Tampa | FL | 336205455 | PC | To support university programs that broaden access to the OCEAN STEAM fields and related blue economy workforce | $100,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $707,331 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MATE Inspiration for Innovation | |||||||||||
| 980 FREMONT STREET | Monterey | CA | 93940 | None | PC | MATE Inspiration ROV Competition | $50,000 | ||||
| ILUSTRE MUNICIPALIDAD DE CHAITEN | |||||||||||
| None | GOV | To provide support for the schools of Chaiten to join the ship-to-shore program | $5,000 | Pedro Aguirre Cerda 398 | Chaiten | CI | 5850000 | ||||
| FUNDACION TBA21 | |||||||||||
| None | PC | Third UN Ocean Decade Conference | $66,000 | C/Amor de Dios 1 | Madrid | SP | 28014 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $121,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,349 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,717,180 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $7,356,059 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,078,588 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,078,588 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| The Schmidt Family Foundation | ||||||
| 1 | 555 BRYANT STREET NO 370 | PALO ALTO | CA | 94301 | $65,000 | Yes (X) |
| The Schmidt Family Foundation | ||||||
| 2 | 555 BRYANT STREET NO 370 | PALO ALTO | CA | 94301 | $250,000 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | Office Furniture | $65,000 | 2024-12-31 |
| 2 | Camera Intellectual property rights | $250,000 | 2024-12-31 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Accounting Fees | $569,978 | $568,051 |
| Audit | $20,231 | $20,604 |
| Tax | $4,687 | $4,773 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (6 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| Research Vessels | $76,529,206 | $7,015,177 | Straight Line | 10.0 | $7,652,921 |
| Ocean Deployed vehicles | $5,380,998 | $3,855,515 | Straight Line | 10.0 | $538,406 |
| Computers | $223,587 | $188,957 | Straight Line | 3.0 | $5,177 |
| Equipment | $5,301,093 | $4,398,519 | Straight Line | 3.0 | $288,254 |
| Furniture & Fixtures | $33,757 | $7,788 | Straight Line | 5.0 | $0 |
| Leasehold Improvements | $6,366 | $6,366 | Straight Line | 3.0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate stock - Public Equity Securities | StockNm |
| EOY Book Value | $10,290,954 | EOYBookValueAmt |
| EOYFMV | $10,290,954 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Computers | $223,587 | $194,134 | $29,453 | $29,453 |
| Equipment | $5,301,093 | $4,686,774 | $614,319 | $614,319 |
| Furniture & Fixtures | $33,757 | $7,788 | $25,969 | $25,969 |
| Leasehold improvements | $6,366 | $6,366 | $0 | $0 |
| Ocean Deployed Equipment | $5,380,998 | $4,393,921 | $987,077 | $987,077 |
| Asset Construction in Process | $6,413,623 | $0 | $6,413,623 | $6,413,623 |
| R/V Falkor (Too) | $76,529,206 | $14,668,098 | $61,861,108 | $61,861,108 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $82,613 | LegalFeesAmt |
| Disbursements Charitable Prps | $60,710 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Operating Lease Right-of-Use Assets | Desc |
| BOY Book Value | $406,263 | BOYBookValueAmt |
| EOY Book Value | $317,588 | EOYBookValueAmt |
| EOYFMV | $317,588 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Unrealized Losses on Investments | $678,901 |
| Unrealized Losses on currency transaction | $3,037 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Bank Fees | -$9,046 | |
| Equipment and Supplies | $1,821,130 | $2,473,708 |
| Insurance | $520,186 | $565,070 |
| Marine Ops | $5,736,050 | $5,428,308 |
| Payroll Processing | $51,255 | $47,349 |
| Placement Fees | $22,527 | $22,527 |
| Repair and Maintenance | $2,125,559 | $8,677,910 |
| training | $89,674 | $103,522 |
| outreach | $844,380 | $836,874 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Operating Lease Liabilities | Desc |
| BOY Book Value | $399,123 | BOYBookValueAmt |
| EOY Book Value | $324,849 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| IT Consulting and Support | $20,943 | $21,114 | |
| Science and Engineering | $311,601 | $328,444 | |
| Advisory | $23,317 | $23,746 | |
| HR | $15,366 | $15,649 | |
| Treasury | $5,340 | $5,340 | |
| Grants advisory | $3,916 | $3,988 | |
| Insurance | $475 | $483 | |
| OTHER | $153,080 | $138,267 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Taxes | CategoryTxt |
| Amt | $72,384 | Amt |
Comments